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$BTC Here are the top 10 Bitcoin holders:: - *1. Satoshi Nakamoto*: 1.1 million BTC, valued at approximately $77 billion. The creator of Bitcoin remains anonymous, and their holdings have been untouched. - *2. Binance*: 618,653 BTC, valued at around $43.5 billion. Binance is one of the largest cryptocurrency exchanges, holding user assets. - *3. BlackRock iShares Bitcoin Trust*: 567,991 BTC, valued at approximately $39.9 billion. BlackRock's ETF allows investors to gain exposure to Bitcoin. - *4. MicroStrategy*: 499,226 BTC, valued at around $35 billion. Led by Michael Saylor, MicroStrategy has adopted Bitcoin as its main treasury asset. - *5. Coinbase*: 267,000 - 850,000 BTC, valued between $18.8 billion and $60 billion. Coinbase is a leading cryptocurrency exchange. - 6. U.S. Government: 200,000 - 213,246 BTC, valued at approximately $14.2 billion to $15.1 billion. The U.S. government holds Bitcoin seized from criminal activities. - *7. Fidelity’s FBTC Fund*: 195,208 - 199,967 BTC, valued at around $13.8 billion to $14.2 billion. Fidelity's investment fund provides institutional exposure to Bitcoin. - *8. Grayscale Bitcoin Trust*: 194,621 - 640,000 BTC, valued between $13.7 billion and $45 billion. GBTC is one of the largest Bitcoin investment vehicles. - *9. Wrapped Bitcoin (WBTC)*: 128,179 - 176,447 BTC, valued at approximately $9.1 billion to $12.5 billion. WBTC is tokenized Bitcoin on the Ethereum blockchain. - *10. Bitfinex*: 165,000 - 359,687 BTC, valued between $3.3 billion and $25 billion. Bitfinex is a cryptocurrency exchange known for its advanced trading features.
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#AbuDhabiStablecoin The UAE is launching a Dirham-backed stablecoin, a digital currency pegged to the UAE Dirham, to boost its digital payments and fintech growth. This initiative is a collaboration between Abu Dhabi's ADQ, International Holding Company (IHC), and First Abu Dhabi Bank (FAB), with FAB issuing the stablecoin and the Central Bank of the UAE regulating it. *Key Features of the Stablecoin* - *Regulation*: The stablecoin is fully regulated by the Central Bank of the UAE, ensuring a secure and compliant network. - *Blockchain*: It will operate on the ADI blockchain, an advanced infrastructure developed domestically by the ADI Foundation. - *Partnerships*: The ADI Foundation has partnered with over 20 countries to develop a compliant blockchain payments network. - *Use Cases*: The stablecoin aims to transform local and international payments, facilitating next-generation blockchain-based transactions. *Benefits and Implications* - *Digital Economy Growth*: The stablecoin is expected to strengthen the UAE's position as a global leader in blockchain innovation and fintech. - *Efficient Payments*: It will provide a secure, efficient, and scalable solution for payments, reducing transaction costs and increasing speed. - *Increased Adoption*: The launch of the stablecoin could drive greater institutional adoption of digital assets and promote real-world utility. *Timeline* - *Launch*: The stablecoin is expected to be issued by the last quarter of 2025 for the retail sector .
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#ArizonaBTCReserve Arizona's Strategic Bitcoin Reserve Act has sparked interest in the potential for states to hold Bitcoin. Here's a breakdown of the situation: *Key Points* - *Arizona's Bitcoin Reserve Act*: The act allows the state Treasury and pension funds to allocate up to 10% of available funds into Bitcoin and other digital assets, potentially making Arizona the first US state to legally invest public funds in Bitcoin. - *Investment Allocation*: If signed into law, Arizona could invest $3.14 billion in digital assets, including Bitcoin, which would make it the second-largest institutional Bitcoin holder among US public entities. - *Risk Management*: The bills mandate compliance with standard fiduciary risk management protocols to protect public funds against volatility and custodial risks. *Potential Implications* - *Precedent for Other States*: Arizona's initiative could set a precedent for other states and sovereign governments to explore Bitcoin-backed reserve strategies, potentially leading to increased adoption and integration of cryptocurrencies into public finances. - *Legislative Momentum*: Other states like Texas, Florida, and New Hampshire are already exploring similar initiatives, indicating a growing interest in cryptocurrency investment at the state level. - *Market Impact*: Renewed institutional appetite for Bitcoin, alongside Arizona's potential investment, could validate Bitcoin as a sovereign reserve asset and bolster market momentum. *Considerations* - *Volatility and Security*: Investing public funds in Bitcoin comes with risks due to market volatility and security concerns, which Arizona aims to mitigate through risk management protocols. - *Governance and Regulation*: The outcome depends on Governor Katie Hobbs' signature, and her stance on the Bitcoin bills remains uncertain, with a potential veto threat if disability funding bills aren't passed.
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$BTC biggest heist: Imagine you wake up and you lost millions! A significant Bitcoin heist occurred yesterday, with 3,520 BTC (approximately $330 million) stolen and converted/swaped (laundered) to $Monero (XMR) causing a 50% surge in price of Monero (XMR) The thief likely chose Monero for its enhanced privacy features, making it harder to track the funds. This incident highlights the importance of security and trust in the cryptocurrency space.#BTC #Heist #AbuDhabiStablecoin #BinanceSquareTalks #AITokensBounce
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$SIGN Unexpected pump: what is the reason behid this huge pump? Are whales maipulating ? what do you think?#AITokensBounce #BTCRebound #AbuDhabiStablecoin #ArizonaBTCReserve #SIGNUSDT
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